- Healthy interest coverage ratio of 33.7x
- Low bankruptcy risk (Altman Z-Score: 4.89)
- Bullish trend confirmed on both short and long timeframes
Weaker technical forecast for Amazon as stock downgraded to Strong Sell Candidate
(Updated on Jun 12, 2026)
The Amazon stock price declined by -1.23% on the last trading day (Friday, 12th Jun 2026), dropping from $241.51 to $238.55. Throughout the last trading session, the stock experienced fluctuations of 4.18%, with a low of $233.59 and a high of $243.36. The price has decreased in 8 of the past 10 days, resulting in a total decline of -11.86% over this timeframe. The trading volume increased on the last day by 11 million shares, despite the falling prices. This could serve as an early warning sign, indicating a slight increase in risk over the next few days. In total, 51 million shares were traded, amounting to approximately $12.17 billion.
Given the current short-term trend, the stock is expected to rise 25.01% during the next 3 months and, with a 90% probability hold a price between $298.22 and $374.72 at the end of this 3-month period.
AMZN Signals & Forecast
There are few to no technical positive signals at the moment. The Amazon stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $243.90 and $261.79. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Wednesday, May 06, 2026, and so far it has fallen -13.25%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely. The stock had a Golden Star Signal on Monday, December 22, 2025 in the long-term chart.
Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Golden Star 12 Months
The stock had a Golden Star Signal on Monday, December 22, 2025 in the long-term chart.Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Support, Risk & Stop-loss for Amazon stock
Amazon finds support from accumulated volume at $238.38 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $9.77 between high and low, or 4.18%. For the last week, the stock has had daily average volatility of 3.31%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (AMZN) For The Upcoming Trading Day Of Monday 15th
For the upcoming trading day on Monday, 15th we expect Amazon.com, Inc. to open at $238.50, and during the day (based on 14 day Average True Range), to move between $234.83 and $242.27, which gives a possible trading interval of +/-$7.44 (+/-3.17%) up or down from last closing price. If Amazon.com, Inc. takes out the full calculated possible swing range there will be an estimated 3.17% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $238.38 (0.07%) than the resistance at $249.02 (4.39%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Amazon.com, Inc. stock A Buy?
The Amazon stock holds several negative signals and despite the positive trend, we believe Amazon will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Strong Sell candidate.
Current score:
-5.089
Strong Sell Candidate
Downgraded
Predicted Fair Opening Price
Predicted fair opening price on June 15, 2026 - $238.50 ( 0.0210%).
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AMZN Performance
Trading levels for AMZN
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 248.27 | 4.07% |
| R2 | 244.54 | 2.51% |
| R1 | 242.23 | 1.54% |
| Price | 238.55 | |
| S1 | 234.77 | -1.59% |
| S2 | 232.46 | -2.55% |
| S3 | 228.73 | -4.12% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 265.06 | 11.11% |
| R2 | 263.04 | 10.27% |
| R1 | 249.02 | 4.39% |
| Price | 238.55 | |
| S1 | 238.38 | -0.0713% |
| S2 | 233.65 | -2.05% |
| S3 | 208.27 | -12.69% |
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